Revenue Growth Driven by Rate Base Expansion
Total revenue increased by $297M (+6.2%) YoY to $5.10B in Q1 FY2026, reflecting the company's regulated utility operations and ongoing rate base investments supporting higher allowed revenues.
CONSOLIDATED EDISON INC is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: Consolidated Edison (ED) delivered solid Q1 FY2026 results with revenue rising 6.2% YoY to $5.10B and net income surging 16.8% to $924M, though operating cash flow declined sharply by 79.2% to $174M.
Drawn from management commentary in the Q1 2026 10-Q:
Total revenue increased by $297M (+6.2%) YoY to $5.10B in Q1 FY2026, reflecting the company's regulated utility operations and ongoing rate base investments supporting higher allowed revenues.
Net income grew 16.8% YoY to $924M, significantly outpacing revenue growth of 6.2%, suggesting improved cost management or favorable regulatory outcomes that flowed through to the bottom line.
Operating margin edged down modestly from 23.45% to 23.10% YoY (-0.35 percentage points), indicating modest cost pressures relative to revenue growth despite overall profitability improvement.
Revenue
$5.09B
++6.19% YoY
EPS (Basic)
$2.55
++12.83% YoY
Operating Income
$1.18B
++4.62% YoY
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